Ill. Admin. Code tit. 14 § 529.100

Current through Register Vol. 49, No. 2, January 10, 2025

Section 529.100 - Tax Credit Certificate

a) Upon receipt of applicant verification that compliance was maintained in accordance within Section 529.90, the Department shall provide the applicant with a tax credit certificate. The certificate shall include the following:

1) The name and taxpayer identification number of the applicant.

2) The date on which the certificate is issued.

3) The credit amount.

4) Any other information the Department determines to be appropriate. [35 ILCS 25/35 ]

b) An applicant claiming a credit under the Act shall submit to the Illinois Department of Revenue a copy of each certificate issued under Section 35 of the Act with the first return for which the credit shown on the certificate is claimed. However, failure to submit a copy of the certificate with the applicant's return shall not invalidate a claim for a credit. [35 ILCS 25/40 ]

Ill. Admin. Code tit. 14, § 529.100